SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA: THE PROBLEMS AND PROSPECTS. By Abiodun Fatai1 Department of Political Science‚ Faculty of Social Sciences Lagos State University‚ Ojo‚ Lagos Nigeria. ABSTRACT Small and medium scale enterprises have long believed to be catalysts for economic growth and national development both in developed and developing countries. In Nigeria where private sector is not well developed SME is assumed to play the role of employment generation‚ facilitator of economic
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PROJECT TOPIC : SMALL AND MEDIUM SCALE ENTERPRISES DEVELOPMENT IN NIGERIA (A Case Study of Cassava Processing Industry) PROJECT PROPOSAL BACKGROUND TO THE STUDY Interest in the development of small and medium-sized enterprises (SMEs) and their contribution in the development process continue to be in the forefront of policy debates in developing countries. The advantages claimed for SMEs are various‚ including: the encouragement of entrepreneurship; the greater likelihood that SMEs will utilise
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dynamic role of small scale business in developing countries has long been recognized (Kayanula and Quartey‚ 2000). These small scale businesses can serve as engines through which the economic growth and employment objectives of developing countries can be achieved. However‚ for many years these rural enterprises have failed to grow beyond their micro enterprise nature and sometimes at best their small or medium size (Kayanula and Quartey‚ 2000). It is believed that private small scale businesses have
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Industry Globalisation In this essay I am going to analyse the pressures for globalisation for two different industries using Yip’s globalisation drivers. The two industries I am going to research is the Airline industry‚ using British Airways for examples and the Fast food Industry‚ using examples from McDonalds. I will then try and evaluate how firm strategy has changed in response to globalisation pressures. Firstly we need to try and define what “globalisation†is and how
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Financing small scale business enterprises CHAPTER ONE 1.0 INTRODUCTION 1.1 BACK GROUND OF THE STUDY Over the years‚ it has become fashionable for successive government to come up with one economic policy or the other in a bid to bring about improvement in the nation during her regime. The then military administrator in the year 1986 while in power introduced an economic program called Structural Adjustment Programme (SAP) which was foisted on Nigerians as an alternative to IMF/World
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The Impact of Globalization In today ’s modern world we take things for granted‚ such as the luxury of the Internet and cell phones‚ or how easy it is to communicate with someone half a globe away. Before 1989‚ people were confined in their own country and knew only what was going on in their country. Internet‚ emails‚ and cell phones were non-existent. Long distance communication was a hassle and obtaining information was not just a simple click away. When the Berlin Wall came down‚ it marked the
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Leading from a Global Perspective Module 1: Business in a Globalizing World Assignment 1.1: Dialogue 1- The Impact of Globalization on Small and Large Corporations Cheryl Tomlin Nov 07‚ 2012 The Impact of IT and the Internet: Improves shipping and handling procedures and tracking; aids quality control; eliminates contamination; helps companies to follow rules and regulations. Impact of Global Business Regulations: In the global market place‚ there are four universal points- safety‚ benefit
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Impacts of Globalization International Economics: Global and Ethic Markets Change is something not all people can take lightly. Some are afraid of it‚ others embrace it. Some are ignorant to its causes‚ while some fight against the causes. Globalization is one word symbolizing so many things to different people. Basically‚ globalization is a term involving an intricate cycle of economic‚ social‚ technological‚ cultural and political changes seen as growing interdependence‚ assimilation
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The impact of Globalization on the Retail Industry in South Africa by Niezaam Jedaar 18 March 2011 Submitted as part of the requirements for Business Fundamentals in the B Tech (I.T.) program at the Cape Peninsula University of Technology PLAGIARISM DECLARATION Plagiarism is defined as the unacknowledged or unattributed copying of material from any information source whether written‚ printed or electronic. This includes copying from a fellow student. The use of such material is a form
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THE IMPACT OF GLOBALIZATION ON DEVELOPING COUNTRIES Phuong Anh Tran Avdić Adisa Ing. Study Skills – IBSS0PPZ 14.12.2014 The World Bank defines developing country as the “one in which the majority lives on far less money – with far fewer basic public services – than the population in highly industrialized countries.”(The World Bank; www.web.worldbank.org) and it also says that “five million of the world’s 6 billion people live in developing countries where incomes are usually under $2 per day and
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